ECommerce Tech Company Saara Inc Raises Seed Funding from 021 Capital
Summary
Saara Inc raised seed funding led by 021 Capital with participation from 9Unicorns and LetsVenture. The company will use the capital to expand globally, develop its product, and hire talent for leadership roles. Saara sells an AI-powered returns reduction and automation platform for eCommerce businesses, with EcoReturns as a flagship product. The company says its software helps brands cut return costs, improve sustainability, and increase profitability. Saara also plans to expand EcoReturns beyond Shopify to other commerce platforms like Magento and WooCommerce.
Funding
Amount
-
Total raised
Date
March 22, 2022
Announcement date
Investors
LetsVenture, PVH, Flipkart, 021 Capital, TechStars, SAP.iO
Lead investors
Company
http://www.saara.io
Funded company
Classifications
industries
No industries detected
applications
E-Commerce & Retail
AskAI Classifications
Labels
eCommerce Software
AI-powered SaaS
Returns Management Software
Linked Companies
Saara Inc
$1M to $5M